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Bloomberg | Bloomberg | Getty ImagesA landmark ruling from the European Union's top court means Ireland will receive 13 billion euros ($14.4 billion) in unpaid taxes from Apple — a windfall that Dublin had spent several years fighting to avoid. In a decision the European Court of Justice (ECJ) said was final, the EU's top court on Tuesday ruled that Apple must pay Ireland billions of euros in back taxes. For years, Ireland consistently argued that the iPhone maker should not have to repay unpaid taxes to the country. The decision comes at a time when Ireland is in the unusual position of running a budget surplus of several billion euros, partly due to the strength of corporate tax receipts. Shoppers and staff are seen inside the Apple Store, with its sleek modern interior design and prominent Apple logo on September 10, 2024 in Chongqing, China.
Persons: ECJ, Margrethe Vestager, Apple, Johanna Geron, Aidan Regan, there's, Simon Harris, Sir Keir Starmer, Brian Lawless, Robert Dever, Dever, Alex Cobham, Cobham, Cheng Xin Organizations: Bloomberg, Getty, Apple, Court of Justice, European Union, Reuters, Irish, University College Dublin, CNBC, Ireland's Finance Ministry, Ireland, U.S, England, Masons, Tax Justice Network, UN, Shoppers Locations: Wicklow, Dublin, Ireland, Brussels, Belgium, Farmleigh, Republic of Ireland, Chongqing, China
When Bill Gates dropped out of college to co-found Microsoft, he wasn't thinking about becoming a billionaire or running a company that's now valued at more than $3 trillion. At the time, in 1976, computer obsessives like Gates and co-founder Paul Allen were considered "hobbyists" — yet they fervently believed that a technological revolution was imminent. And I was willing to focus my life, in my 20s, just on software, just on the one job," says Gates. Specifically, that job was creating high-quality software that could make the general public actually embrace the personal computer. That intense focus on creating the best product possible didn't mean Gates wasn't aware that there was also money to be made — in fact, he insisted upon it from the beginning.
Persons: Bill Gates, Gates, Paul Allen, Allen, , Netflix docuseries Organizations: Microsoft, CNBC, Forbes, Netflix
Speaker of the House Mike Johnson, R-La., conducts a news conference in the Capitol Visitor Center after a meeting of the House Republican Conference on Tuesday, September 10, 2024. The spending proposal would have funded the government until next March. But it also would include the so-called SAVE Act, a bill that would require people to show proof of citizenship to register as a voter. Former President Donald Trump has said that Republicans should not pass any spending plan without the SAVE Act attached. The Republican presidential nominee also said the GOP should be ready to shut down the government if the voter identification proposal is not in the spending bill.
Persons: Mike Johnson, Johnson, Donald Trump Organizations: Capitol Visitor Center, House Republican Conference, Republicans, GOP, NBC News, Congressional, SAVE, Democrat, Republican
Last year Utah was the happiest state in America, but this year, a different state took the No. Hawaii is the happiest state in AmericaHawaii ranked as the No. 1 happiest state in the U.S. with an overall score of 68.71. The 10 happiest states in AmericaHawaii Maryland New Jersey Utah Delaware Minnesota Connecticut Idaho Nebraska Massachusetts Maryland moved up from No. The state ranked third in the emotional and physical well-being metric, tenth in the work environment and sixth in the community and environment rank.
Persons: Chip Lupo, didn't, Hawaii Thomas Barwick, Richard T Organizations: Golden State, Sunshine State, America Hawaii, Digitalvision, Massachusetts, CNBC, University of Hawaii, America Hawaii Maryland New Jersey Utah Delaware Minnesota Connecticut, Bank, Getty Locations: Utah, America, California, Florida, Hawaii, U.S, WalletHub, States, Honolulu, Maui, Aloha, America Hawaii Maryland New Jersey Utah Delaware Minnesota, America Hawaii Maryland New Jersey Utah Delaware Minnesota Connecticut Idaho Nebraska Massachusetts Maryland
Speaker Mike Johnson on Wednesday pulled a temporary government funding bill off the House floor hours before a planned vote amid dissent within his own party. Senate Majority Leader Chuck Schumer has blasted Johnson's spending bill and his insistence to tie it to the controversial proposal. The only way to reopen the government is for lawmakers to pass a spending bill. The shutdown lasted 35 days, causing 800,000 federal employees to go without pay and costing the federal government billions of dollars. Trump is advocating for a shutdown, calling on fellow Republicans to only accept a spending bill if it includes promises of election security.
Persons: , Mike Johnson, Johnson, Chuck Schumer, Donald Trump, Kamala Harris, what's, there's, Government shutdowns, couldn't, Kevin McCarthy, Joe Biden, Trump, don't, servicemembers, Bill Clinton, Clinton Organizations: Service, Wednesday, Associated Press, Republican, Business, SAVE, Veterans Affairs, Trump, Democratic, Department of Homeland Security, National Parks, SNAP, Government, Republicans, shutdowns, The Washington Post Locations: Washington
See how we rate personal loans to write unbiased product reviews. One way my husband did that was by consolidating his loans to get out of debt. Back then, I had a decent credit score and about $18,000 in student loans, and he had a poor credit score and about the same amount in consumer debt and car debt. Here's what we did to tackle Marshall's credit score and debt ratio before officially tying the knot in January 2021 and eventually buying a home. It turned out a few inaccuracies were holding back his credit score, and he was able to get them deleted with just a phone call.
Persons: , Marshall, Rich Dad, Robert T, JL Collins, Dave Ramsey, Chris Hogan, Christopher R, Jarvis, David B, Mandell, Gary John Bishop, we've Organizations: Service, Business, Nationwide
Melinda French Gates said she made a "substantial" donation to Harris' campaign. A philanthropist worth nearly $11 billion, French Gates has also offered to host events. Go to newsletter preferences Thanks for signing up! AdvertisementAfter making her first-ever presidential endorsement this spring, billionaire philanthropist Melinda French Gates said she made a "substantial" donation to Vice President Kamala Harris' campaign, Vanity Fair reported. When French Gates was still a part of the Bill & Melinda Gates Foundation, which she cofounded with her ex-husband Bill Gates, she generally avoided wading into partisan causes.
Persons: Melinda French Gates, Harris, Gates, , Kamala Harris, Melinda Gates, Bill Gates, Donald Trump Organizations: Service, Melinda Gates Foundation, Republicans, Democrats, Business
US stocks traded mixed as traders reacted to a mixed inflation report. Core consumer prices rose more than expected, reducing chances of a 50 basis-point rate cut. AdvertisementUS stocks traded mixed on Wednesday, with investors staging a recovery after taking in a mixed inflation report. Odds for a 50 basis-point cut have been slashed by more than half to just 15%, according to the CME FedWatch tool. Markets will assess August producer price inflation data and weekly jobless claims on Thursday and fresh retail sales data next Tuesday.
Persons: , Bill Adams, Jensen Huang, Goldman Sachs Organizations: Service, Dow Jones, Traders, Comercia Bank, Bank of America, Tech, Nvidia, Here's
Kamala Harris trolled Donald Trump during their debate, saying people leave his rallies early. Instead of responding to a question about immigration, Trump countered that nobody attends Harris' rallies. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVice President Kamala Harris successfully trolled former President Donald Trump on debate night and appeared to get under the GOP presidential nominee's skin.
Persons: Kamala Harris trolled Donald Trump, Trump, Harris, , Kamala Harris, Donald Trump Organizations: Service, GOP, Business
A federal judge issued an injunction Tuesday partially blocking the enforcement of a New Hampshire law that bars some transgender students from competing on school sports teams that align with their gender identity. Last month, two transgender teenage girls and their families sued New Hampshire education officials, arguing that the measure violates Title IX civil rights rules, which prevent sex discrimination in federally funded education programs and activities. The Biden administration expanded Title IX rules in April to include protections for students on the basis of sexual orientation and gender identity. Moreover, the expansion of the Title IX rules is temporarily blocked in at least 10 states and faces ongoing court challenges in roughly 10 others. Chris Sununu, a Republican, took action on two separate bills affecting the state’s trans community in July, in addition to the sports measure.
Persons: Bill, Iris Turmelle, Turmelle, ” Turmelle, ” I’m, , Judge Landya McCafferty, Parker Tirrell, McCafferty, ” McCafferty, Goodwin Procter —, Parker, Iris, ” Chris Erchull, Biden, Donald Trump, Chris Sununu, Sununu Organizations: Pembroke Academy, United, Civil Liberties Union, New, NBC News, Advancement, White, New Hampshire Gov, Republican Locations: New Hampshire, Pembroke, United States, — Massachusetts, NH,
WASHINGTON — Thousands of overseas American diplomats are at risk of a sharp pay cut at the beginning of October unless Congress passes a legislative fix in the coming weeks. And a 22% reduction in their pay would be a needless and demoralizing harm. “The Department of State continues to work with Congress on the urgent need for an extension,” a State Department spokesperson said in a statement. The pay snafu, first reported by Politico, is the unintended consequence of a funding structure that requires action from Congress. With the fate of their wages tied to the funding fight, American diplomats could be left in the lurch.
Persons: Sen, Chris Coons, it’s, ” Coons, Ben Cardin, he’s, “ We’re, ” Cardin, there’s, ” AFSA, Hakeem Jeffries, Mike Johnson, Donald Trump, , , Tom Yazdgerdi Organizations: WASHINGTON, Capitol, Foreign Relations, NBC News, Overseas, Washington , D.C, State Department, American Foreign Service Association, Congress, Senate Foreign, National Defense, U.S . Agency for International Development, Democratic, Republican, Senate, Department of State, Politico Locations: Washington ,, D, American, United States
GOP senators 'hesitant' to mandate IVF coverageBut there is scant evidence of a Republican appetite for that plan in Congress. “I don’t know that we need to go so far as to mandate IVF coverage,” Lummis said. Rep. Jim Banks, R-Ind., a former chair of the conservative Republican Study Committee and a Senate candidate, said he hasn’t seen a Trump policy plan on IVF to evaluate. “I don’t know what that would look like — to make it free.”Democrats say Trump is lying and trying to bamboozle voters. “Donald Trump will say anything that he thinks might be one more vote in favor of Donald Trump.
Persons: WASHINGTON — Donald Trump’s, Trump, , , Marjorie Taylor Greene, aren’t, Greene, isn’t, Sen, Josh Hawley, “ it’s, ” Hawley, hadn’t, ” Trump, “ We’re, it’s, Thom Tillis, we’ve, We’ve, ” Sen, Joni Ernst, Bill Cassidy, Trump hadn’t, ” Cassidy, that’s, It's, Cynthia Lummis, ” Lummis, Karoline Leavitt didn’t, Rand Paul, it'd, ” Paul, you’re, Tim Burchett, Jim Banks, hasn’t, Elizabeth Warren, ” Warren, “ Donald Trump, Donald Trump, Ohio Sen, Vance, Donald Trump’s, ” “ Trump, Katie Britt, ” Britt Organizations: Trump, NBC News, Republicans, Congress, NBC, Republican Party, Republican, Health, Education, Labor, Pensions, Democratic Party, Alabama Supreme, CBS, Democratic, , GOP, Committee, Senate, Ohio Locations: Iowa, Alabama, Ky
But broadband companies have been focused on transitioning their customers to other affordable options to help them make up the expired discount, according to the companies’ earnings calls. In the wake of the ACP’s expiration, broadband companies have reported losing some customers. While broadband providers were generally supportive of the ACP, many in the industry believed the subsidy benefitted too wide a swath of U.S. households. During the second quarter, Charter reported a loss of 149,000 internet customers, while Comcast reported a decline of 120,000 broadband customers. Charter has tried to retain its low-income consumer base by rolling out new savings deals like offering ACP customers a free unlimited mobile line for one year.
Persons: , , Craig Moffett, , Blair Levin, Mike Carey, Nikki Budzinski, GOP Sen, JD Vance, Ohio, Donald Trump’s, Vance quieted, ” Gigi Sohn, Joe Biden, Sohn, Wall, they’re, ” Sohn, ” Carey, ” Budzinski, Chris Winfrey, “ We’ve, ” Moffett, MoffettNathanson, Gigi Sohn’s Organizations: Charter, Verizon, Comcast, Program, Federal Communications Commission, Democratic, Republican, Street Research, CNBC, NBC News, Capitol, Republicans, Emergency, GOP, Republican House, ACP, FCC, , Universal Service Fund, USF, Charter Communications Locations: MoffettNathanson, Ohio, U.S, New York
WASHINGTON — Despite mounting opposition from his own party, Speaker Mike Johnson, R-La., vowed Tuesday to stay the course and put his government funding package on the House floor on Wednesday. His initial strategy to avert a government shutdown at the end of the month is expected to fail and deal House Republicans an embarrassing blow. Due to their paper-thin majority, Republicans can afford only a handful of GOP defections on the vote, and many more than that have publicly voiced their opposition. “I am in this to win this,” Johnson told reporters at his weekly news conference. Afterward, the speaker added: “We are going to put the SAVE Act and the CR together, and we’re going to move that through the process.
Persons: Mike Johnson, Donald Trump, Johnson, , ” Johnson, , Jim Banks, Cory Mills, Matt Rosendale, Montana —, Mills, Dan Meuser, ” Meuser, “ Shutdowns, Sen, Thom Tillis, Bill Cassidy, “ I’m, ” Cassidy Organizations: SAVE, Democratic, White, GOP, Republicans Locations: WASHINGTON, Jim Banks of Indiana, Florida, Montana, Mexico
WASHINGTON — House Speaker Mike Johnson’s strategy to tie a short-term government funding bill to a Donald Trump-backed proposal to overhaul voting laws was on life support Monday after a band of conservative rebels vowed to vote no on the package. Without a stopgap funding bill, money will run out and the federal government will shut down at the end of the month. Because of the GOP’s razor-thin majority, Johnson, R-La., can afford only four Republican defections if all members vote. Mills slammed Johnson's strategy as a “farce” and said it would do nothing to secure the southern border. Instead, they are pushing for a "clean CR" — short-term funding with nothing attached to it.
Persons: Mike Johnson’s, Donald Trump, Johnson, — Cory Mills, Matt Rosendale, Tim Burchett, Jim Banks, Thomas Massie, Trump, Mills, , ” Mills, Rosendale, , Chuck Schumer, Joe Biden, ” Schumer, Jamie Raskin, ” Raskin, … Donald Trump Organizations: WASHINGTON, Republicans, White, Capitol, Senate, GOP, House, Republican, , Locations: Florida, Montana, Tennessee, Indiana, Kentucky
Here’s a look at what could happen to inflation, jobs and the deficit if Trump or Harris win in November. That, among other things, would keep the top tax rate individuals pay at 37% compared to 39.6% before it went into effect. Meanwhile, the tax proposals Harris has put forth so far mostly involve imposing higher taxes, which would have a positive impact on the deficit. For instance, she’s endorsed raising the top individual income tax rate to 44.6% and the top long-term capital gains tax rate to 28% versus the current 20%. Taken together, the Penn Wharton Budget model estimates Harris’ proposals could increase the deficit by an additional $1.2 trillion by 2034.
Persons: Kamala Harris, Donald Trump, Harris, Goldman Sachs, Trump, Warwick McKibbin, Goldman, she’s, , Justin Wolfers, Kevin Dietsch, He’s, Elon Musk, She’s, Joshua Gotbaum Organizations: New, New York CNN, Labor Department, Trump, Peterson Institute for International Economics, Gross, University of Michigan, CNN, Federal Reserve, Treasury Department, Wharton Budget, Social Security, Penn, Wharton Budget Model, Penn Wharton Budget, Brookings Institution Locations: New York, United States, Penn
Among the offers at AT & T for new and existing customers: a free iPhone 16 or up to $830 off the iPhone 16 Plus if they meet a few eligibility requirements. Apple's list price for the Phone 16 and iPhone 16 Plus start at $799 and $899, respectively. Now consider that despite inflation, Apple left the prices of iPhone 16 models the same as the prior generation while adding AI capabilities and improved battery life, among others. "All of these things will be incremental, just enough to eventually convince millions" to upgrade their devices, Jim said. Apple CEO Tim Cook delivers remarks before the start of an Apple event at Apple headquarters on September 09, 2024 in Cupertino, California.
Persons: , Max, Jim Cramer, Tim Cook, Cook, Bernstein, John Stankey, Stankey, aren't, Jim, Jeff Marks, Jim Cramer's, Justin Sullivan Organizations: Verizon, Mobile, Apple, Consumer Intelligence Research Partners, UBS, CNBC, Club, Markets, Apple Intelligence, Barclays Locations: U.S, China, Europe, Cupertino , California
“I think President Trump is saying exactly what I have been saying, and that is we need assurances on election security and to fund the government,” Johnson told CNN’s Jake Tapper on “The Lead” Tuesday. “I talked with the president a lot, President Trump, and that has always been my advice that we run this race on policy, on record, not rhetoric, on policy, not personality,” he said. On Vice President Kamala Harris, Johnson said, “She has a big, a big task ahead of her tonight. To this day, Joe Biden and Kamala Harris have not said the names of those service members. In fact, Joe Biden said on the debate stage in June that we hadn’t lost any service members on his watch.
Persons: Mike Johnson, Donald Trump, Republicans “ don’t, , , Trump, ” Johnson, CNN’s Jake Tapper, Trump’s, Johnson, Kamala Harris, Joe Biden, Michael McCaul, Harris, Tapper, Kamala Harris’s, That’s Organizations: Washington CNN —, Republicans, Security, GOP, SAVE, noncitizens, House Foreign, Republican Locations: Kabul, Afghanistan, Texas
In 1970 there had been only 18,333 students enrolled at degree-granting for-profit schools, less than a quarter of a percent of the total number of college students. In 2010, Tom Harkin, chair of the Senate's education committee, began a two-year investigation into for-profit schools. But even more shocking, federal money flowing to for-profit schools accounted for 25% of all federal student aid and 47% of eventual loan defaults. Students' money enriched every corner of the for-profit industry except one: quality of instruction. In fact, these for-profit students were actually worse off than if they hadn't gone to school at all.
Persons: Kaplan, bankrolling, , underperformers, Ashford, Warburg Pincus, Tom Harkin, Harkin, Goldman Sachs, Goldman, Pell Grant, Ryann Liebenthal Harper, Stephanie Riegg Cellini, Cellini, Ryann Liebenthal Organizations: University of, Apollo Group, ITT Tech, Fortune, Federal Family Education, Ashford, University, company's, Ashford University, Bridgepoint Education, New, Defense Department, Bloomberg, Camp Lejeune, Ryann Liebenthal Harper Collins Publishers, Books, HarperCollins Publishers Locations: California, New York City, Bridgepoint, Pell, Vietnam, Iraq, Camp, Oakland , California
In the wake of the ACP's expiration, broadband companies reported losing some customers. "But that doesn't take away from the families for whom this was important, and could now lose access to broadband." Pete Marovich | ReutersStill, Sohn believes bipartisan support for the ACP should make reauthorizing it a political slam dunk for Democrats. While broadband providers were generally supportive of the ACP, many in the industry believed the subsidy benefitted too wide a swath of U.S. households. Charter Communications CEO Chris Winfrey said in July that the ACP's expiration impacted both losses and low income broadband connections after the company had "put a lot of effort into the ACP program."
Persons: Craig Moffett, Blair Levin, Mike Carey, Nikki Budzinski, GOP Sen, JD Vance, Ohio, Donald Trump's, Vance quieted, Gigi Sohn, Biden, Pete Marovich, Sohn, Wall, they're, Carey, Budzinski, Chris Winfrey Organizations: Istock, Getty, Charter, Verizon, Comcast, Program, Federal Communications Commission, Democratic, Republican, Street Research, CNBC, Capitol, Republicans, Emergency, GOP, Republican House, ACP, Commerce, Science, Washington , D.C, Reuters, Universal Service Fund, USF, Charter Communications Locations: MoffettNathanson, Ohio, Washington ,, U.S, New York
CNN —A Singaporean man has been ordered to repay more than 38 million Australian dollars ($25.7 million) after he lost big during a gambling spree at an Australian casino over the span of a few days. Queensland’s Supreme Court ruled Monday that Yew Choy Wong owed that amount to the Star Gold Coast, as well as the casino’s legal fees and interest. He had racked up losses of 47.3 million Australian dollars ($31.5 million) there between July 26 and August 2, 2018. Star Entertainment, which owns the Gold Coast casino, declined to comment on the case. The casino also paid Wong hundreds of thousands of dollars in goodwill payments following his complaints, the ruling said.
Persons: CNN —, Yew Choy Wong, Wong, Paul Arbuckle, Arbuckle, ” Wong, Melanie Hindman, , Dr Wong, Organizations: CNN, Queensland’s, Star, Star Sydney, Star Entertainment, Gold Coast Locations: Star Gold, Singapore, Queensland
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailServiceNow AI agents work with each other and humans, says CEO Bill McDermottServiceNow Chairman and CEO Bill McDermott joins 'Closing Bell Overtime' to talk AI adoption, its stock hitting an all-time high and more.
Persons: Bill McDermott ServiceNow, Bill McDermott
Washington CNN —A six-month House GOP government funding plan cleared a key hurdle on Tuesday, but remains at risk of failing as Speaker Mike Johnson attempts to navigate a shutdown fight with his narrow majority. The House voted 209-206 to approve a rule to govern debate for the funding plan, which includes a controversial measure that targets noncitizen voting. But at least six House Republicans have come out against the funding bill, which is enough to sink it in the House amid Democratic opposition, and the bill is considered dead-on-arrival in the Democratic-controlled Senate. The six-month funding plan from House Republicans would extend government funding until March 2025. Many House conservatives are also generally opposed to short-term funding bills, arguing instead in favor of spending cuts.
Persons: Washington CNN —, Mike Johnson, Biden, Donald Trump, Trump, don’t, , Johnson, CNN’s Manu Raju, , “ I’m, “ I’ve, We’ll Organizations: Washington CNN, GOP, Republicans, Democratic, SAVE, noncitizens, Truth, Security
But a bipartisan group of attorneys general on Tuesday demanded that Congress require Surgeon General warning labels on social media apps to help curtail addiction and a mental health crisis among young adults. Teens spend nearly five hours a day on social media apps, according to a Gallup poll. “Everyone needs to know the risk associated with these social media platforms,” New York Attorney General Letitia James said in a statement. Appending a warning to social media apps requires Congressional approval. Congress has so far ignored Murthy’s plea to introduce a bill requiring warning labels.
Persons: CNN —, Vivek Murthy, Snapchat, Murthy, Letitia James, ” James, , ” Murthy Organizations: CNN, Meta, New York Times, Facebook, American Medical Association, Gallup, New York, Microsoft
Read previewIt was probably the most noteworthy thing to come out of Kamala Harris' much-anticipated CNN interview late last month: The Vice President, if elected, pledged to appoint a Republican to her Cabinet. "It may be difficult to find a rational, sane person who still identifies as a Republican" that would agree to serve in Harris' cabinet, Sen. Richard Blumenthal of Connecticut quipped. "There are a lot of Republicans that I think are capable of assuming Cabinet positions," Rep. Jim McGovern of Massachusetts said. "I'm not floating people's names for particular positions," Rep. Ro Khanna of California said, shortly after heaping praise on Republican Rep. Brian Fitzpatrick of Pennsylvania and former Republican Rep. Mike Gallagher of Wisconsin. Though he said Harris' pledge was a "positive step," he made clear on Tuesday that he's not interested in serving in her administration.
Persons: , Kamala Harris, Jamie Raskin, Maryland, Joe Biden, Donald Trump, Harris, Sen, JD Vance, Trump, Richard Blumenthal, Rep, Alexandria Ocasio, Cortez, Bernie Sanders, wryly, Jim McGovern, Ro Khanna, Brian Fitzpatrick, Mike Gallagher, Liz Cheney, Adam Kinzinger of, Kinzinger, Cheney, Raskin, Cheney hasn't, he'd, Tim Kaine, Barack Obama, Bill Clinton, Kaine, There's, Mitt Romney, he's, I've, Romney, I'm Organizations: Service, CNN, Republican, Business, Connecticut, Hill, Vermont, Massachusetts, Democrats, Los Angeles Times, Senate Armed Services Committee, Defense, Utah Republican, Trump Locations: Alexandria, Cortez of New York, California, Pennsylvania, Wisconsin, Wyoming, Adam Kinzinger of Illinois, Harris, Virginia
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